The Jewel of Africa

"You have the jewel of Africa in your hands," said President Samora Machel of Mozambique and President Julius Nyerere of Tanzania to Robert Mugabe, at the moment of independence, in…

Tough time for investors

The stock market which had become a safe haven for investors over the past two years is now lagging behind escalating inflation which soared to 228 percent last month. The…

NDH profit drops

Foreign exchange remains the single most important factor hobbling the performance of the economy. Concessions should therefore be made and consensus on the way forward should be forged if the…

MBCA calls for pragmatism

The Merchant Bank of Central Africa (MBCA) says after two years of negative growth charactised by critical shortages of foreign currency, fuel and basic foodstuffs, high inflation and unemployment, it…

Metropolitan banks on land

Metropolitan Bank, which has been a strong advocate for land reform, says thousands of previously disadvantaged Zimbabweans who have been empowered by the land reform programme have the capacity to…

Interfin in $3.6 billion profit

Interfin Holdings, a financial services group which incorporates merchant banking, insurance, consumer finance, stockbroking and asset management, had a net profit of $3.6 billion, a 1 663 percent increase from…